November 27, 2024/US SEC The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 14 soliciting entities, two impersonators of genuine firms, and four bogus regulators. The SEC’s list of soliciting entities that have been […]
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Bears Resurface as Nigerian Bourse Declines -0.4% on ARADEL Losses
November 27, 2024/Cordros Report EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in ARADEL (10.0%), NB (-5.3%) and FIDELITYBK (-1.6%) triggered a 0.4% decrease in the All-Share Index to 97,296.57 points. As a result, the Month-to-Date and Year-to-Date returns printed -0.4% and +30.1%, respectively. The total […]
NGXASI Dips -0.35%, Dragged by FIDELITYBANK, WEMABANK
November 27, 2024/InvestmentOne Report The NGXASI declined by 0.35% today to close at 97,296.57pts, as the sell pressure observed in NB (-5.26%), FIDELITYBK (-1.60%) and WEMABANK (-2.79%) pushed the local equities market into the negative terrain. In the fixed income space, the Treasury Bills secondary market traded on a bearish note as […]
